diff --git a/examples/basic_grouped_tpsl.py b/examples/basic_grouped_tpsl.py
new file mode 100644
index 0000000..0b09428
--- /dev/null
+++ b/examples/basic_grouped_tpsl.py
@@ -0,0 +1,103 @@
+import argparse
+import json
+
+import example_utils
+
+from hyperliquid.utils import constants
+
+
+def round_to_wireable_price(px):
+    return float(f"{px:.5g}")
+
+
+def resting_oids(order_result):
+    if order_result["status"] != "ok":
+        return []
+    return [
+        status["resting"]["oid"]
+        for status in order_result["response"]["data"]["statuses"]
+        if "resting" in status
+    ]
+
+
+def main():
+    parser = argparse.ArgumentParser(description="basic_grouped_tpsl")
+    parser.add_argument("--coin", default="ETH")
+    parser.add_argument("--is_buy", action="store_true")
+    parser.add_argument("--sz", type=float, default=0.02)
+    parser.add_argument("--keep-open", action="store_true")
+    args = parser.parse_args()
+
+    _, info, exchange = example_utils.setup(constants.TESTNET_API_URL, skip_ws=True)
+
+    coin = args.coin
+    is_buy = args.is_buy
+    sz = args.sz
+    mid = float(info.all_mids()[coin])
+
+    if is_buy:
+        entry_px = round_to_wireable_price(mid * 0.95)
+        tp_trigger_px = round_to_wireable_price(mid * 1.05)
+        tp_limit_px = round_to_wireable_price(tp_trigger_px * 0.99)
+        sl_trigger_px = round_to_wireable_price(mid * 0.90)
+        sl_limit_px = round_to_wireable_price(sl_trigger_px * 0.99)
+    else:
+        entry_px = round_to_wireable_price(mid * 1.05)
+        tp_trigger_px = round_to_wireable_price(mid * 0.95)
+        tp_limit_px = round_to_wireable_price(tp_trigger_px * 1.01)
+        sl_trigger_px = round_to_wireable_price(mid * 1.10)
+        sl_limit_px = round_to_wireable_price(sl_trigger_px * 1.01)
+
+    close_is_buy = not is_buy
+    orders = [
+        {
+            "coin": coin,
+            "is_buy": is_buy,
+            "sz": sz,
+            "limit_px": entry_px,
+            "order_type": {"limit": {"tif": "Gtc"}},
+            "reduce_only": False,
+        },
+        {
+            "coin": coin,
+            "is_buy": close_is_buy,
+            "sz": sz,
+            "limit_px": tp_limit_px,
+            "order_type": {
+                "trigger": {
+                    "isMarket": True,
+                    "triggerPx": tp_trigger_px,
+                    "tpsl": "tp",
+                }
+            },
+            "reduce_only": True,
+        },
+        {
+            "coin": coin,
+            "is_buy": close_is_buy,
+            "sz": sz,
+            "limit_px": sl_limit_px,
+            "order_type": {
+                "trigger": {
+                    "isMarket": True,
+                    "triggerPx": sl_trigger_px,
+                    "tpsl": "sl",
+                }
+            },
+            "reduce_only": True,
+        },
+    ]
+
+    print("submitting grouped TP/SL orders:")
+    print(json.dumps(orders, indent=2))
+    order_result = exchange.bulk_orders(orders, grouping="normalTpsl")
+    print(order_result)
+
+    if not args.keep_open:
+        for oid in resting_oids(order_result):
+            cancel_result = exchange.cancel(coin, oid)
+            print("cancel result:", cancel_result)
+
+
+if __name__ == "__main__":
+    main()